I started on this long term view that Iceland can be a fantastic place to create a Startup Community, some of my friends tell me that I

Image Source: Bloomberg TV

got desperate because I got fired from my banking job. Well, maybe… maybe not only time will tell whether this thesis is going to work or not. A lot of my actions towards engaging in the community and starting to push the envelop in Iceland are driven by well proven themes that have worked in other parts of the world. The famous statement made by everyone is “You don’t have a track record of building a startup community or starting a Venture Fund to invest in Startups“, well, that is true but neither did the first man who landed in Reykjavik or Iceland for the first time. Never the less he decided that he was going to live here. A community did get built and for all its flaws and issues Icelanders have a lot going for them compared to many other countries. Anyways, I digress… coming back to Startup Communities, Brad Feld‘s new book titled “Startup Communities: Building an Entrepreneurial Ecosystem in Your City” is out and I believe it is a very clear road map of how to build a community, actually I want to say that Iceland already has a Startup Community and it was very clear to me when I met almost every entrepreneur after the Financial Collapse of 2008. All I am trying to do is to ensure that we implement the strategies outlined in the book. The famous question that follows is “Why are you doing this? what is in it for you?”, well let me think… I really don’t know, I want to follow Brad‘s advice on “Give – before you get anything back”. I have no expectation of what comes out of this exercise that I have undertaken but 10 years from now if we all can look back and say we were part of something that created a culture of entrepreneurialismwhere people living in Iceland or world over believed in themselves and created a sustainable system i.e a company or a business or a community that thrived and contributed to a better society then I think we can be proud of the effort and not only that we would have created a better environment for our children and our grandchildren… we would have created a legacy.

Image Source: TechStars.com

I come back to Steven Covey‘s teachings and the Legacy video that was provided as part of the resources section of the book “the 8th Habit”, I wish they had made it sharable… but it is not so if you want to see the video you need to register with at http://stevencovery.com and go to the Resources section and you should see the video link. I think those videos are inspiring and they are part of the 8th Habit book. Everyone needs to have a purpose in life and that drives us, I think all of us want To Live, To Love, To Learn and To Leave a Legacy. I think the purpose that I have undertaken for myself – “To Start a Sustainable Startup Community in Iceland” more or less addresses all those things. So, I am extremely selfish in being totally selfless in contributing my time, effort and resources… drives everyone around me crazy, but I just have a fire within that just wants me to push forward and I will continue to help any effort to support building a sustainable system in Iceland.

I plan to buy 100+ copies of the Startup Communities book, it should be available in Iceland in another couple of weeks, I think and I want to distribute it to every stakeholder that I think can contribute to building a sustainable startup ecosystem in Iceland. I am not going to stop there, I am going to talk to Brad and get connected with the publisher and make sure the book gets translated to Icelandic so those who are comfortable reading in Icelandic can also learn from this roadmap. The above video is of Brad, talking about the Boulder Thesis in Bloomberg… I think Brad is spot on. We have all those ingredients in Iceland, so what are you going to do to contribute?